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US: American Apparel sales up but FY profit to plunge

2014-03-07 12:14:00| Daily apparel & textile news and comment - from just-style.com

Basic clothing retailer American Apparel Inc has recorded an increase in full-year sales but expects 2013 adjusted EBITDA to plummet as costs related to its new distribution centre weigh on earnings.

Tags: to sales american apparel

Todays oil prices plunge over abating Ukrainian crisis

2014-03-04 01:00:00| Offshore Technology

Oil prices plunged today after Russian President Vladimir Putin recalled the troops that have occupied much of Ukraine's autonomous Crimea region during the weekend. However, there was reportedly no movement of forces from the area.

Tags: prices oil crisis ukrainian

Target profits plunge after breach

2014-02-26 16:51:55| BBC News | Business | UK Edition

Profit at the US retailer Target plunges 46% after a massive security breach over the holiday season, which cost the firm $17m (10m).

Tags: target profits breach plunge

AUS: Coca-Cola Amatil posts profits plunge after AUD404m write-down

2014-02-18 12:41:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Amatil has reported a sharp drop in full-year profits because of a major write-down in its canned fruit and vegetable business, but weakness in Australia also meant a disappointing 2013 for beverages.

Tags: aus posts profits plunge